WorldWideMarkets Community

Forex Trading, Market News & Technical Analysis

Forex trading: Asia session recap and ranges

A quiet session as the currency market takes much needed breather after all the volatility over the past few days. The Aussie is higher as it breaches the 1.05 level, boosted by the better than expected import figure in the Chinese trade balance data. The rest of the majors were stuck in tight ranges.

Display this panel when javascript isn't loaded

Tools & Educational Resources

Forex 101LEARN MORE >> Learn the basics of Forex and how to practice trading the markets.

GlossaryLEARN MORE >> Confused by the language? Click here and search for key trading terms.

Trident Chambers, Number 146, Road Town Tortola, British Virgin Islands

Phone: +1 855-299-7498 Fax: +1 800 886 8870

High Risk Investment Warning: WorldWideMarkets, Ltd. believes that customers should be aware of the risks associated with Over-the-Counter (OTC) market. In the OTC market, a retail customer trades directly with a counterparty and there is no exchange or central clearing house to support the transaction. The OTC market is highly speculative in nature, which can mean prices may become extremely volatile. Since low margin deposits are only typically required, an extremely high degree of leverage is obtainable in OTC trading. A relatively small market movement will have a proportionately larger impact on the funds you have deposited. Since the possibility of losing your entire cash balance does exist, speculation in the OTC market should only be conducted with risk capital that you can afford to lose, and which will not dramatically impact your lifestyle.